Keystone Realtors Limited — Important, 08-04-2025: General Updates

Operational performance for FY25 reflects strong growth, with the area sold increasing by 41% year-on-year to 1.69 million sqft, and pre-sales rising to INR 30.28 billion, a 34% increase YoY, indicating a successful achievement of sales guidance for the year. Collections also showed positive momentum, totaling INR 23.26 billion, a 6% increase compared to the previous year. In Q4 FY25, pre-sales were slightly down at INR 8.54 billion compared to INR 8.63 billion in Q3, yet up 1% from Q4 FY24. Collections in Q4 rose significantly, with INR 7.46 billion reported, an 11% increase YoY.

The company launched two new projects in Q4, contributing an estimated GDV of INR 9.62 billion, with total launches for FY25 reaching seven projects valued at INR 50.19 billion. Additionally, the company added three new projects in Q4, surpassing its annual development targets. Completion of five projects totaling 0.72 million sqft also highlights operational efficiency. The company aims to leverage redevelopment opportunities in Mumbai, indicating a positive outlook for sustained growth and operational strength moving forward.